Bellway launches campaign to support buyers facing stamp duty increase in Lancashire

Homebuyers in Lancashire can avoid the forthcoming stamp duty increase by purchasing a new home with Bellway.

From 1 April, the threshold at which buyers start paying the tax will drop from £250,000 to £125,000 for home movers and from £425,000 to £300,000 for first-time buyers – meaning many will end up paying a higher sum on their purchase.

But Bellway is launching a new campaign to help buyers with the rise in stamp duty costs.

The national housebuilder is offering to pay up to £25,000 towards customers’ stamp duty bills on selected homes at developments across the region including Royal Bowland Park in Westhoughton, Barton Quarter in Horwich, Hazel Fold in Bolton and Euxton Heights in Chorley.

The contribution can be used to cover stamp duty costs or to top up a customer’s deposit. The offer runs until the end of April.

Grace Yarlett, Sales Director at Bellway, said: “The changes to stamp duty will add to the costs faced by people looking to get on or move up the property ladder. In some cases, it could prove the difference between homebuyers going ahead with their planned purchase or deciding to put their home-moving dreams on hold.

“This is why we have decided to launch our new campaign to support those facing higher stamp duty bills as a result of the changes. The incentive will help many people to avoid paying stamp duty altogether while significantly reducing costs for others. We also appreciate that some buyers may need support in other ways, which is why we have introduced a level of flexibility to the offer by allowing buyers to put the money towards their deposit if they wish.

“We hope this offer will enable more people to realise their dream of homeownership and I would encourage any potential buyers to get in touch with our sales teams to find out how they could benefit from the scheme.”

In order to qualify for the stamp duty incentive, customers must reserve their new home before 30 April 2025.